Industry · Defense suppliers
Curtiss-Wright's quarterly orders grow faster than sales
Orders rose 15% in the third quarter, while Defense Electronics sales grew 2% and its operating margin fell.
Curtiss-Wright booked $1.1 billion in new orders in the quarter ended Sept. 30, 2026, up 15% from a year earlier, while sales rose 10% to $953 million. Reported and organic sales growth were both 10%, with acquisitions contributing 0% to the quarter's sales growth.1
Curtiss-Wright total company new orders for Q3 2026 were $1.1 billion
for the quarter ended September 30, 2026
Curtiss-Wright total company new orders for Q3 2026 were $1.1 billion, up 15% from the prior year
Curtiss-Wright Q3 2026 total sales were $953 million, up 10% from the prior year
Q3 2026 new orders reflected a 1.1x book-to-bill
Source: Curtiss-Wright Q3 2026 earnings release, Exhibit 99.1, SEC. As of November 5, 2026.
Sources
The company reported a 1.1x book-to-bill ratio, with backlog reaching $4.6 billion, up 12% from year-end 2025.1
Chair and CEO Lynn M. Bamford attributed the order growth primarily to continued strong demand in defense electronics and growth across all of Curtiss-Wright's aerospace and defense markets. The release gives no orders by segment, so it does not show which segments drove the increase.1
The Defense Electronics segment's sales grew more slowly than those of the company's other two segments. Sales rose 2% to $259 million. The segment's operating margin fell to 27.0% from 29.2% a year earlier. Curtiss-Wright attributed the margin decline to unfavorable product mix and higher research and development investment, which more than offset favorable absorption on higher revenues.1
Aerospace & Industrial sales rose 14%, and Naval & Power sales increased 12%. The company attributed naval defense revenue growth in part to the timing of production on the Columbia-class and Virginia-class submarine programs.1
Sources (1)
- Curtiss-Wright third quarter 2026 results, Exhibit 99.1 www.sec.gov